Citigroup Leads Rebound
By Beaten-Down Stocks

By

Robert O'Brien Dow Jones Newswires

Updated March 8, 2001 12:01 a.m. ET

NEW YORK -- Investors reacted indifferently to the latest bout of profit warnings, as market averages scored gains again.

Beaten-down stocks lead the way, including financial shares such as Citigroup , which added $1.82 to $50.45, J.P. Morgan Chase , which rose 2.29 to 50.25, and Bank of America , which climbed 2.49 to 52.75.